S&P 500 Earnings Revisions Breadth

S&P 500 Earnings Revisions Breadth S&P 500 earnings revision breadth remains in negative territory, suggesting that there is still a cautious outlook for future earnings of S&P 500 companies. Image: Morgan Stanley Research

Sentiment Scores During Earnings Calls

Sentiment Scores During Earnings Calls U.S. corporate sentiment is improving with falling inflation and the anticipation of lower interest rates, which is a positive development for the U.S. economy. Image: BofA US Equity & Quant Strategy

S&P 500 Earnings Estimates

S&P 500 Earnings Estimates The projected earnings growth for 2024 surpasses historical norms, indicating optimism. However, there are potential risks if these estimates are not realized. Image: Real Investment Advice

S&P 500 Earnings Yield – UST 3-Month Yield

S&P 500 Earnings Yield – UST 3-Month Yield Historically, when the cash yield exceeds the earnings yield, this is often seen as a headwind for equities, as investors tend to prefer allocating their funds to cash investments rather than stocks. Image: BofA Global Investment Strategy

S&P 500 Earnings and Gross Buybacks

S&P 500 Earnings and Gross Buybacks Share buybacks will play a significant role in 2024, as they are set to accelerate once again amidst the ongoing improvement in corporate earnings. Image: Deutsche Bank Asset Allocation

S&P 500 Gross Buybacks to Earnings Ratio

S&P 500 Gross Buybacks to Earnings Ratio It is possible that share buybacks will increase substantially in 2024, if the ratio of S&P 500 gross buybacks to earnings rises to the historical average. Image: Deutsche Bank Asset Allocation

Earnings – S&P 500 NTM EPS

Earnings – S&P 500 NTM EPS The projected earnings per share for the S&P 500 in the next 12 months, as estimated by analysts, continues to rise. This is generally seen as positive news for the market. Image: The Daily Shot

S&P 500 Earnings Per Share Growth

S&P 500 Earnings Per Share Growth Following a period of decline, there is an optimistic outlook for the growth of S&P 500 earnings in both 2024 and 2025, offering investors a glimmer of hope. Image: Morgan Stanley Wealth Management

Valuation – S&P 500 Price/Earnings Ratio

Valuation – S&P 500 Price/Earnings Ratio The S&P 500 P/E multiple is expected to remain above the average level observed since 1990, indicating investors’ willingness to pay more for earnings, possibly due to optimism about future growth. Image: Goldman Sachs Global Investment Research